What do the rich have in 2022?
The number of super-rich people in the U.S. fell 10.3 percent to 121,465, still the highest number on the planet. Their total wealth is estimated at $13.4 trillion, according to the World Ultra Wealth report.
As for China - the fortunes of China's richest billionaires have fallen 40% over the year
The combined fortune of China's 100 richest billionaires according to Forbes for the year decreased by more than $ 570 billion, or almost 40%. Capital of the founder of Alibaba Jack Ma was halved, although the businessman managed to keep the fifth line in the ranking. China's richest people have become poorer amid government pressure on the IT sector, covid lockdowns, a slowing economy and the collapse of the yuan
The combined wealth of the 100 richest Chinese businessmen in the Forbes ranking for the year decreased by 39% - to $ 907.1 billion, last year their collective capital was estimated at $ 1.48 billion, writes an American Forbes.
This is the most significant drop in wealth of the Chinese billionaires in more than 20 years, said Forbes USA. Capitals have grown only two businessmen, 79 billionaires have become poorer. "Last year was one of the toughest for China in decades. The wealth of the 100 richest on our list declined significantly by any measure," said Russell Flannery, compiler of Forbes' ranking of the richest Chinese.
Against the background of increased attention of Chinese authorities to the technology sector, the fortune of Lei Jun, head of one of the world's largest smartphone manufacturers Xiaomi, more than halved - from $ 17.9 billion in 2021 to $ 7.6 billion in 2022. The fortune of Richard Liu, chairman of e-commerce giant JD.com, fell to $8.3 billion from $17.6 billion last year.
Alibaba founder Jack Ma couldn't get away either: the billionaire's fortune almost halved from $41.5 billion last year to $20.6 billion this year. Despite this, Ma retained his fifth place in the ranking. Earlier it became known that Ma decided to reduce its share in created by him fintech-company Ant Group to 8.8%. According to Forbes USA, now the billionaire owns more than 50% of the shares, but he is ready to transfer control to the top managers of Ant. In 2020, Beijing cancelled the IPO Ant Group, which could become the largest in history. Authorities then launched an antitrust investigation against Alibaba and demanded that Ant Group "go back to its roots" and focus on payment processing instead of more profitable lines of business.
Some billionaires, however, have proven more resilient than others. This is especially true for entrepreneurs in green industries, such as electric cars or solar energy, Flannery noted. The fortune of Jin Baofang, the founder and head of JA Solar Technology, increased by 16% - from $8.95 billion to $10.4 billion. And the capital of Gao Jifan of Trina Solar reached $7.3 billion - against $7.16 billion in the last year's ranking.
One newcomer to the 2022 list is Chris Xu, founder of online clothing retailer Shein. In April, his company, according to sources, raised $1 billion from U.S. private equity firm General Atlantic and other investors at a valuation of $100 billion, more than the combined market value of two other major clothing retailers, Zara and H&M, American Forbes noted. Xu ranked 25th on the list with a fortune of $10 billion.
The first line in the list of the richest Chinese, as well as last year, took Zhong Shanshan, chairman of the board of directors of China's largest supplier of bottled water Nongfu Spring. His net worth is estimated at $62.3 billion. Zhang Yimin, founder of ByteDance, remained in second place with a fortune of $49.5 billion, down $9.9 billion from last year. Robin Zeng, chairman of the board of directors of CATL, the world's largest manufacturer of batteries for electric cars, remained in third place. His fortune was estimated at $28.9 billion, down 43% from last year.